Joyful Honda Co., Ltd. Announces Consolidated Earnings Results for the First Quarter September 20, 2017; Provides Earnings Guidance for the Six Months and Full Year Ending June 20, 2018
November 01, 2017
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Joyful Honda Co., Ltd. announced consolidated earnings results for the first quarter September 20, 2017. For the quarter, the company reported net sales of ¥36,778 million against ¥37,409 million a year ago. Operating income was ¥1,749 million against ¥1,253 million a year ago. Ordinary income was ¥1,745 million against ¥1,538 million a year ago. Profit before taxes and other adjustments was ¥1,690 million against ¥1,461 million a year ago. Profit attributable to parent company shareholders was ¥1,148 million against ¥977 million a year ago. Profit per share was ¥27.55 compared to ¥18.98 a year ago.
The company provided earnings guidance for the six months and full year ending June 20, 2018. For the six months, the company expects net sales of ¥76,000 million, operating income of ¥3,720 million, ordinary income of ¥3,940 million and profit attributable to parent company shareholders of ¥2,620 million or ¥68.63 per share.
For the year, the company expects net sales of ¥153,800 million, operating income of ¥7,970 million, ordinary income of ¥8,540 million and profit attributable to parent company shareholders of ¥5,590 million or ¥153.58 per share.
Joyful Honda Co Ltd is engaged in the sales of housing products including materials and professional supplies, interior and living products, and garden and farm products, the design and construction of renovation work and the sales of related products, and the sales of living products including daily necessities, pets and leisure products. The Company operates home center business and housing renovation business. The stores include large-scale retail stores and specialty retail stores. The products include material and professional supplies such as lumber, construction materials, paints, tools, hardware, work supplies and electrical parts, daily necessities such as everyday consumables, sanitary products, medicines, health care products, beverages and alcoholic beverages, garden and farm products such as flower seedlings, vegetable seedlings, plants, culture soil, fertilizer, bricks and paving stones, interior and living products such as floors, walls, windows, furniture and others.
Joyful Honda Co., Ltd. Announces Consolidated Earnings Results for the First Quarter September 20, 2017; Provides Earnings Guidance for the Six Months and Full Year Ending June 20, 2018